Consulting Case Interview Preparation Guide

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CONSULTING CASE INTERVIEW PREPARATION GUIDE
2005 - 2006 Recruiting Season -2nd EditionDecember 5, 2005

BUSINESS SCHOOL CONSULTING CLUB

© 2005 Michigan Consulting Club

Contents

Editor’s note Introduction to cases • • Administering cases Receiving cases

The case list The cases

2005-2006 MICHIGAN CONSULTING CASE INTERVIEW PREPARATION GUIDE

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© 2005 Michigan Consulting Club

Editor’s Note
Dear Michigan Consulting Club Member, If you are reading this, then it is likely you are interested in pursuing a consulting career upon graduation from business school. In order to increase your familiarity with the consulting interview format, the Michigan Consulting Club has established a multilateral training program focusing on the different parts of the recruiting and interviewing process. This book focuses on the ‘case-interview’ portion of the consulting interview and is to be used in conjunction with other caseoriented club training materials. The elements tested in a case interview are core to firms’ hiring decisions. These cases, or mini-business problems, are a glimpse into a consultant’s (and often the interviewer’s) life as they are frequently taken from real client experiences. Given practice and experience, cases become a natural way of thinking about how you would structure approaches and solutions to nearly any type of problem. Along the way, we hope you will find you enjoy solving problems in this manner, and would enjoy performing this type of work for a living. In order to facilitate your preparation, your fellow club members have recorded their real-life case interview experiences and their customized frameworks and solution elements. These cases act as a strong reference point for what to expect during a consulting interview, but are in no way all encompassing. Since each case comes down to a conversation between the interviewer and the candidate, it is very plausible that one candidate could receive the same case from two different interviewers and have two very different conversations about the business problem. In fact, we encourage this. Finally, you may have noticed that you are reading this compilation in landscape format. This is intentional. Consultants think in terms of PowerPoint slides much more often than essay-style documents. They also constantly work to devise the most succinct way to illustrate and frame-out a problem, necessary action steps, and a solution. This said, the ’05-’06 preparation guide has broken from the tradition of book-based cases by adopting PowerPoint deck-based cases. You will find this format dovetails well with how you write your notes in cases, and how you will convey information as a consultant. Good luck, and remember your fellow club members are here to help, 2005-2006 Board Michigan Consulting Club -2-

2005-2006 MICHIGAN CONSULTING CASE INTERVIEW PREPARATION GUIDE

© 2005 Michigan Consulting Club

Contents

Editor’s note Introduction to cases • • Administering cases Receiving cases

The case list The cases

2005-2006 MICHIGAN CONSULTING CASE INTERVIEW PREPARATION GUIDE

-3-

© 2005 Michigan Consulting Club

Administering Cases
Great case experiences are not solely determined by strong candidates cranking out amazing issue and financial-based analyses. The interviewer’s interaction with the candidate and ability to convey information will very easily change the style of a case. Given the interviewer’s position of power in the discussion, there are several things to keep in mind prior to, during, and after a case interview. Preparing for interview

• Read the case over 2-3 times • Familiarize yourself with the relevant numbers and details • Determine your ‘character’ • Rushed partner or disinterested client representative? • Prepare for how you will address irrelevant questions or requests for data you do not have • Make up fake data and let candidate go fishing, or let them know it is irrelevant?

During interview
• Track...
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